0001493152-26-009536
SEC filingReliance Global Group, Inc. reported a net loss of $7.0 million for fiscal year 2025, driven by an operating loss of $9.0 million. Total revenue was $12.4 million, consisting entirely of commission income. Operating expenses totaled $21.4 million, with significant components including salaries and wages ($10.3 million), general and administrative expenses ($4.9 million), commission expense ($4.6 million), and asset impairments ($3.9 million). The net loss was partially offset by a $3.2 million gain on the sale of a business. The company ended the year with $13.5 million in total assets, $7.1 million in total liabilities, and $6.4 million in stockholders' equity. Cash and restricted cash increased by $934,000 to $2.7 million, supported by $5.3 million in net cash from investing activities, primarily from the sale of a business, despite $3.1 million in net cash used in operating activities.
Reliance Global Group, Inc. reported a net loss of $7.0 million for the fiscal year ended December 31, 2025. This loss was primarily driven by an operating loss of $9.0 million, as total operating expenses of $21.4 million significantly exceeded total revenue of $12.4 million. The company's revenue consisted entirely of commission income. The net loss was partially mitigated by total other income of $2.0 million, which included a $3.2 million gain on the sale of a business. Basic and diluted loss per share were both $1. The weighted average number of shares outstanding was 5.5 million for both basic and diluted calculations.
The company's revenue for FY 2025 was $12.4 million, derived solely from commission income. No segment breakdown, geographic mix, or specific growth drivers for revenue are disclosed in the provided data. The document does not contain information on revenue from different business segments or product lines.
The company reported an operating loss of $9.0 million, resulting in a negative operating margin. Gross profit is not disclosed in the provided data, as cost of goods sold or cost of revenue figures are not available. The primary components of operating expenses were salaries and wages ($10.3 million), general and administrative expenses ($4.9 million), commission expense ($4.6 million), and asset impairments ($3.9 million). Depreciation and amortization expense was $1.3 million.
Net cash used in operating activities was $3.1 million for FY 2025. Net cash provided by investing activities was $5.3 million, primarily due to $5.5 million from the sale of a business. Net cash used in financing activities was $1.3 million. The net increase in cash and restricted cash was $934,000, ending the year at $2.7 million. Total assets were $13.5 million, including $4.3 million in current assets. Total liabilities were $7.1 million, with $2.4 million in current liabilities. Stockholders' equity was $6.4 million, consisting of common stock ($915,000), additional paid-in capital ($60.6 million), and an accumulated deficit of ($55.1 million).
The provided data does not include any management guidance, strategic priorities, or specific risk factors discussed in the filing. No forward-looking statements or outlook information is available from the extracted financial data.